Carbon Pulse

Voluntary carbon accreditation body ICROA has appointed its first independent advisory committee to oversee fundamentals and help drive integrity under its program of continuous improvements.

A report published by the French government, in collaboration with CDC Biodiversite, underlined that greater finance from across the spectrum of stakeholders would be needed to protect nature, while also assessing the various tools available to scale funding.

Just four countries globally have regions to have published dedicated plans for tackling the threat posed by increasing seawater acidity levels, with the US taking the lead, a report has found.

Argentina hopes to achieve the goals set out in its Paris Agreement NDC and access climate finance in part through a range of carbon market mechanisms, it affirmed in a National Strategy for the Use of Carbon Markets (ENUMeC) published Tuesday.

An international climate club for governments will be officially launched at the beginning of December at the COP28 UN climate conference in Dubai, with a particular focus on industrial decarbonisation, the EU's top climate official Kurt Vandenberge told a conference on Wednesday.

EUA prices made moderate gains on Wednesday morning after updated positions data showed investment funds had continued to build net short positions last week, setting a new record in the process, while energy markets also rose amid technical trading.

A California-based carbon removals firm has purchased "groundbreaking" direct air capture (DAC) technology from a Pittsburgh-headquartered advanced materials company.

Growth in China’s thermal power output continued to grow in October with sustained expansion of coal output, though slower than the pace seen in solar and hydropower generation, government data showed Wednesday.

Buyers of Article 6-aligned carbon credits are shying away from nature-based units amid lingering quality concerns, officials have told the ongoing Asia Pacific Climate Week in Johor Bahru, Malaysia.

Germany’s Federal Constitutional Court of has ruled that a 2021 government budget act, which redirected €60 billion initially borrowed to address the COVID-19 pandemic towards climate and energy measures, is unconstitutional and therefore void.

The UK government's £20 billion carbon capture and storage (CCS) policy is not consistent with the country's net zero targets, while over three-quarters of planned capacity in 2030 is set to come from projects that require long-term fossil use, according to a report from an international think-tank published on Wednesday.

Japan's green transformation (GX) initiative is misaligned with UN's guidance on climate policy, especially given the country's slow regulatory progress in carbon pricing, a think tank has said.

Oil production rose 320,000 barrels per day in October, propelling global supply to a record 101.8 million barrels of oil per day (bopd) and supply will reach historic levels this year and grow further next year, according to the International Energy Agency (IEA).

The New South Wales state government has released draft guidelines for wind projects, deeming almost the entire state as “less suitable” for wind farms, sparking shocked reactions from the industry.

EU co-legislators in the early hours of Wednesday morning agreed a provisional deal on rules that will limit methane emissions from the energy sector, including a clause hard-fought from the Parliament to extend the rules to energy imports in three years.

A developer of clean cooking projects is the first to be issued with carbon credits aligned with Paris Agreement Article 6 on the Gold Standard registry, with an African nation agreeing to correspondingly adjust for those credits on its own emissions tally in order to prevent double counting of the emissions reductions.

The US and China, the world's two largest GHG emitters, have agreed to jointly tackle global warming through multiple initiatives including large-scale CCUS projects and ensure their 2035 climate targets will include all GHG emissions, they announced Wednesday.

The carbon-focussed and environmental arm of a major investment bank is calling for collective philanthropy to invest in Southeast Asian blue carbon systems in a bid to slow and reverse the rapidly disappearing mangrove systems in the region.

A South Australian biochar company has received an A$11 million ($7.1 mln) loan from its parent company to fund the purchase of pyrolysis plants for its carbon removal project.

A biomass carbon removal and storage company has topped $5 million in seed funding, which it says will bolster its efforts to deploy scalable carbon dioxide removal (CDR) technology in the Black Sea.